So this year’s fiscal-policy code word is “balanced approach.” This means nothing more or less than higher taxes on high earners, business income, and capital gains. Congressman Eric Cantor remarked at one point in the debt-ceiling debate that the Democrats (including Obama) were totally stuck on the idea of raising taxes. But Cantor stressed that they never presented an economic rationale for higher taxes. It | Read More »

So this year’s fiscal-policy code word is “balanced approach.” This means nothing more or less than higher taxes on high earners, business income, and capital gains. Congressman Eric Cantor remarked at one point in the debt-ceiling debate that the Democrats (including Obama) were totally stuck on the idea of raising taxes. But Cantor stressed that they never presented an economic rationale for higher taxes. It | Read More »

President Barack Obama and his Democratic Party would have liked to increase taxes as part of a “balanced” approach to deficit reduction. Republicans, adamantly opposed to raising taxes, especially during a time of fragile economic recovery, managed to prevent immediate tax hikes although revenue enhancement could be part of a broader plan that is supposed to be worked out by a bipartisan congressional committee later | Read More »

Looking at 2008 IRS report of income taxes: The top 1% of individual tax payers earned roughly 20% of all reported AGI (adjusted gross income). Let’s break that down shall we? The implication is that if you are lucky enough to be in the top 1% of earners of taxable AGI, that means you should be able to afford to pay more taxes to help | Read More »

As Ann Coulter extensively discussed in her hit books Godless and Guilty, one of liberals’ favorite tricks is to have their lies parroted by spokesmen who their opponents will be too scared to hit back against properly (if at all), for fear of being seen as “mean” toward a victim or national hero. Now, the forces allied against Republican Gov. Scott Walker’s budget repair efforts | Read More »

Even for Barack Obama, this is simultaneously: shameless; and clueless. I’ve said to Republican leaders, ‘You go talk to your constituents and ask them, “Are you willing to compromise your kids’ safety so some corporate-jet owner can get a tax break?” ‘ ” Just in case any viewer missed his class-clashing message, Obama referred to corporate-jet owners at least three more times before he took | Read More »

Even for Barack Obama, this is simultaneously: shameless; and clueless. I’ve said to Republican leaders, ‘You go talk to your constituents and ask them, “Are you willing to compromise your kids’ safety so some corporate-jet owner can get a tax break?” ‘ ” Just in case any viewer missed his class-clashing message, Obama referred to corporate-jet owners at least three more times before he took | Read More »

On Saturday, June 11, The New York Times ran a story, “For the Executive with Everything, a $230,000 Guard Dog to Protect It”. As the owner of four pups, I naturally read everything dog, so I couldn’t pass this one up. The article described the owner, his business, why he purchased the dog, and what made the dog so expensive. It made further mention that | Read More »

Next year Obama plans to take his army of leftist supporters and his bank of one billion dollars around the nation to win a second term. His plan is nearly flawless. On his side of the ledger, he can count on a compliant press, completely and with complicity invested in his presidency. He is the candidate that they created. He is the candidate representing their | Read More »

Is this guy for real? The transmogrification of Barack Obama, who when he’s not getting down with Jay-Z is out spewing clap-trap on the Fantasy Tour, has mired him squarely in the political gutter. Anyone who’s been to the pump lately – or for that matter, a Benghazi rocket battle – has to know that he lacks leadership, is a community organizer, and practices a | Read More »

Union bosses have been engaging in class warfare for so long now that it’s become standard for the media to echo the meme without challenge. An example of such mainstream Marxism is in today’s Bloomberg piece entitled ‘Runaway CEO Pay’ Could Support 102,000 U.S. Jobs, AFL-CIO Says. Bloomberg’s piece relies heavily on the AFL-CIO’s Executive Pay Watch, which was set up years ago to conduct a | Read More »

Union bosses have been engaging in class warfare for so long now that it’s become standard for the media to echo the meme without challenge. An example of such mainstream Marxism is in today’s Bloomberg piece entitled ‘Runaway CEO Pay’ Could Support 102,000 U.S. Jobs, AFL-CIO Says. Bloomberg’s piece relies heavily on the AFL-CIO’s Executive Pay Watch, which was set up years ago to conduct a | Read More »

If one thing stood out from President Obama’s speech on Wednesday, his second attempt at a budget in as many months, it’s how little credence the president gives to the idea of prosperity. In fact, he only mentioned the word once in his entire speech, and that came as he was describing America’s past. By contrast, President Obama mentioned taxes and his plans to raise | Read More »